RHK 16.4% 69.0¢ red hawk mining limited

any tech charting guys speculate the bottom, page-22

  1. 1,258 Posts.
    excellent explanation.....this combined with the director buying options is very positive...

    The stock has support at .20....the options are trading around .10 and cost .10 to exercise so if the shares go below .20 there is no advantage in holding the options but it makes sense to accuumulate the options while the share price is lower because the options track the share price..particularly if you have confidence that the share price will go up. Conversely when the share price increase so does the the price of the optionsWhent he share price is lower the options are cheaper....

 
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Last
69.0¢
Change
-0.135(16.4%)
Mkt cap ! $137.8M
Open High Low Value Volume
83.0¢ 83.0¢ 69.0¢ $16.54K 22.72K

Buyers (Bids)

No. Vol. Price($)
2 10006 69.0¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 2276 1
View Market Depth
Last trade - 15.02pm 06/11/2024 (20 minute delay) ?
RHK (ASX) Chart
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